It aims to boost processing capacity of the country’s only oil refinery to 360,000 barrels per day (bpd) from its current 267,000 bpd under its BAPCO Modernization Program (BMP).
The expansion is expected to cost about $5 billion, according to the sources.
- Developer/Owner: Bapco, Noga Holding
- Value ($bl): $4.5
- Status: Upcoming
- Area: Southern Governorate